Hello,
I have a property under an HML that I was gonna BRRRR instead I’m going to sell because I underestimated rehab, rents and loads of other mistakes I made. The property is still in distress and I put it on the m...
Hi All,I know that most of us here are very familiar with the idea of gentrification. It comes up all the time in the media, it’s something that some buy and holders will look out for, and it’s a code word for rapidly...
I have been following the Holton Wise properties for awhile and finally saw one that interested me a few days ago. I am very concerned this might be a scam after @James Wise refused to provide what I believe is basic ...
Hey guys, I am looking at getting into the STR game in Galveston TX or Destin FL. The problem I keep running into is that I can barely cashflow with the numbers I've researched. I would love for anyone who is currentl...
Hello fellow BiggerPocketeers!In an effort to provide the best answers to some of the most frequently asked questions, we've created an FAQ Forum so our most knowledgeable members can answer a frequent question thorou...
I have a 4 unit deal that I am currently analyzing. From what the seller has told me and provided me with, it seems to be a good deal. I've used the BP calculator but it doesn't pencil out all of the units the way I w...
Getting ready to start my real-estate investing journey but trying to get my questions and concerns answered before I start. So this is a very elementary question (sorry)! If you use the BRRR method of investing for b...
Hello all,
This is my first question posed on B.P.! My question is simple. I am set to close on a property this month (a triplex). The purchase price is $48,000 with 25% down ($12,000). So my loan will be $36,000. H...
Really wanting to get moving on this flip but I can't seem to get any contractors to call me back. I met with 8 general contractors 11 days ago at the house I want to flip and no one has gotten back with me, even aft...
Hi everyone! So I've heard about the 1% rule & 2% rule (or guidelines) when purchasing a rental property: the monthly rental rate should be 1%-2% of the total amount you have in the property to make it a good inve...